Follow the dollars · Assumption only
A complete cash picture for Dec 3, 2026
Your down payment$949,115Cash toward the purchase price.
Closing costs + prepaids$24,403Not just lender fees.
Before credits & paid funds$973,518The complete starting cash picture.
Estimated remaining funds due at closing
$973,518No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$949,114.70
Your down payment$949,114.70
Closing costs + prepaids$24,403.36
Total buyer cash needed$973,518.06
Remaining funds due$973,518.06
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$13,000.00
Title & settlement$1,825.00
Recording fee$100.00
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$3,250.00
Prepaid interest, first (29 days)$928.36
Fees + prepaids$24,403.36
Your down payment is the seller’s equity. You take over the $350,885 balance, so the rest of the $1,300,000 price is paid at closing. A second mortgage can cover part of it. $973,518.06 is due at closing. Uses and sources reconcile at $1,324,403.36 each. Not a Closing Disclosure.